Plus, ComforDelGro is spending RMB 71.6 million (S$15 million) to acquire 217 taxi licenses and vehicles to expand its taxi business in Shenyang, China. Spotify reports a billion euros ($1.2 billion)
Plus, Singapore Airlines (SIA) is packaging its airline loyalty programme KrisFlyer into a digital wallet. India’s largest online retailer Flipkart reported a 68% jump in losses.
Chinese authorities worried that a large armada of online lenders would leverage Tencent’s credit-scoring services to market suspicious financial products.